Link to Bush brother found

June 11, 1991|By Los Angeles Times

TOKYO XXB — TOKYO -- Police investigators following the serpentine money trails of a company strongly suspected of being tied to a major Japanese "yakuza," or gangster, group have stumbled across a surprising American connection.

The police discovered that Prescott Bush, the older brother of President Bush, was working as a consultant to West Tsusho, a Tokyo-based investment company which police believe is backed by one of Japan's most powerful underworld figures and which they are investigating for possible violation of foreign exchange laws.

The foreign exchange law violations are related to West Tsusho's investments in two American companies, Quantum Access, a Houston-based software development company, and Asset Management International Finance and Settlement, a company in which Prescott Bush was a senior adviser until resigning the position last year.